|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Yahoo Inc and Oracle Corporation. You can compare the effects of market volatilities on Yahoo Inc and Oracle and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Yahoo Inc with a short position of Oracle. Please also check ongoing floating volatility patterns of Yahoo Inc and Oracle.Yahoo! Inc. vs Oracle Corp.
|Daily Returns (%)|
Given the investment horizon of 30 days, Yahoo Inc is expected to under-perform the Oracle. In addition to that, Yahoo Inc is 1.2 times more volatile than Oracle Corporation. It trades about -0.03 of its total potential returns per unit of risk. Oracle Corporation is currently generating about 0.1 per unit of volatility. If you would invest 3,837 in Oracle Corporation on October 26, 2015 and sell it today you would earn a total of 109.00 from holding Oracle Corporation or generate 2.84% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for Yahoo Inc
Pair trading matchups for Oracle